Alaska Stat. § 21.80.010

Current through Chapter 26 of the Legislative Session (excluding Chapter 21)
Section 21.80.010 - Purposes

The purposes of this chapter are to provide a mechanism for the payment of covered claims under certain insurance policies to avoid excessive delay in payment and, to the extent provided in this chapter, to minimize financial loss to claimants or policyholders because of the insolvency of an insurer, and to provide an association to assess the cost of this protection among insurers.

AS 21.80.010